Lead Operational Risk Officer

At Wells Fargo, we are committed to protecting our operations and ensuring compliance with regulatory standards. We are looking for an experienced and highly motivated Lead Operational Risk Officer to join our team and take on a leadership role in managing and mitigating operational risks while promoting a strong risk culture.The successful candidate must have a Bachelor's degree in a related field, along with at least 5 years of relevant experience in operational risk management. They must also have excellent analytical, problem solving, and communication skills, as well as a commitment to excellence and a passion for helping our team succeed. The Lead Operational Risk Officer will be a critical member of the team, ensuring that our operations comply with regulatory and industry standards and that our policies and procedures are effectively implemented. We are looking for a creative and collaborative individual who is highly organized, able to prioritize tasks, and able to think critically and strategically. If this sounds like you, we want to hear from you!

Responsibilities:

1. Develop, implement, and maintain operational risk management policies and procedures.
2. Monitor and evaluate operational risk exposures and take appropriate action as needed.
3. Provide advice and guidance to the team on operational risk management best practices and industry standards.
4. Ensure compliance with regulatory and industry requirements.
5. Monitor and track operational risk incidents and analyze trends.
6. Develop action plans to address any identified operational risks.
7. Lead the development and implementation of risk management tools and processes.
8. Develop and deliver training programs on operational risk management.
9. Participate in internal and external audits and ensure any identified issues are addressed in a timely manner.
10. Maintain up-to-date knowledge of industry trends and best practices in operational risk management.

According to JobzMall, the average salary range for a Lead Operational Risk Officer in St. Louis, MO, USA is between $76,449 and $117,000. This range is based on salary data from various sources, including job postings, salary surveys, and job market reports.

Salaries for Lead Operational Risk Officers can vary widely depending on factors such as experience, industry, and job location. Additionally, salaries may be slightly higher in certain cities or regions.

Wells Fargo & Co. is a bank holding company that engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance. It operates through the following segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Community Banking segment offers investment management and other services to retail customers and securities brokerage and provides financial products and services to consumers and small businesses.